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" The natural price of labour is that price which is necessary to enable the labourers, one with another, to subsist and to perpetuate their race, without either increase or diminution. "
The Life of Sir Thomas Munro, Late Governor of Madras: With Extracts from ... - Page 287
by George Robert Gleig - 1830
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From Poverty to Plenty; Or, The Labour Question Solved

William Lee Rees - Cooperation - 1888 - 504 pages
...: " The produce of labour constitutes the natural recompense or wages of labour." Ricardo says : " The natural price of labour is that price which is...enable the labourers one with another to subsist and to perpetuate their race without either increase or diminution. The natural price of labour then depends...
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Principles of the Economic Philosophy of Society, Government, and Industry ...

Van Buren Denslow - Economics - 1888 - 854 pages
...its market price. The natural price of labor is that price which is neces>ary to enable the laborers one with another to subsist and perpetuate their race without either increase or diminution. salary. If the wage for service rendered is blended with a profit. and is made contingent upon a risk,...
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Liberty and Law: Being an Attempt at the Refutation of the Individualism of ...

George Lacy - Economics - 1888 - 386 pages
...still believes in it. Ricardo is the author of the celebrated "iron law." It is to the effect that, " the natural price of labour is that price which is necessary to enable the labourer to subsist;"» and it cannot rise above this, because if it does the labourers are encouraged...
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PRINCIPLES OF THE ECONOMIC PHILOSOPHY OF SOCIETY, GOVERNMENT AND INDUSTRY

VAN BUREN DENSLOW - 1888 - 826 pages
...its market price. The natural price of labor is that price which is necessary to enable the laborers one with another to subsist and perpetuate their race without either increase or diminution. " It is when the market price of labor exceeds its natural price that the condition of the laborer...
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English Associations of Working Men

Josef Maria Baernreither - Fraternal organizations - 1889 - 500 pages
...Even Ricardo is not open to this charge. As is well known, he calls the " natural price of labour " that price " which is necessary to enable the labourers, one with another, to subsist and to perpetuate their race, without either increase or diminution " ; whilst the market price of labour,...
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The Psychic Factors of Civilization

Lester Frank Ward - Civilization - 1892 - 400 pages
...of prevision and the control of social phenomena. Spencer, on the contrary, while he treated psy1 " The natural price of labour is that price which is...enable the labourers, one with another, to subsist and to perpetuate their race, without either increase or diminution."—DAVID RICARDO : Principles of Political...
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Principles of Social Economy, Volume 20

Yves Guyot - Economics - 1892 - 340 pages
...Brassey's Foreign Work and English Wagee, p. 316). BUS c'c P _ „ J. ..... * r^~ Y «s OR K 10• 4^ 96! labour is that price which is necessary to enable the labourers, one with another, to subsist and to perpetuate their race, without either increase or diminution . . . . The natural price of labour,...
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The Tyranny of Socialism ...

Yves Guyot - Socialism - 1894 - 314 pages
...Lassalle altered Ricardo's much less decided text. " The natural price of labour," says Ricardo,1 " is that price which is necessary to enable the labourers, one with another, to subsist and to perpetuate their race, without either increase or diminution. . . . The natural price of labour,...
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The First Six Chapters of the Principles of Political Economy and Taxation ...

David Ricardo - Economics - 1895 - 166 pages
...and sold, and which may be increased or diminished in quantity, has its natural and its market price. The natural price of labour is that price which is...enable the labourers, one with another, to subsist and to perpetuate their race, without either increase or diminution. The power of the labourer to support...
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Economics and Socialism: A Demonstration of the Cause and Cure of Trade ...

F. U. Laycock - Depressions - 1895 - 408 pages
...and sold and which may be increased or diminished in quantity, has its natural and its market price. The natural price of labour is that price which is necessary to enable the labourers, one with the other, to subsist and to perpetuate their race without either increase or diminution." This natural...
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